Gate.io Announcement on Distribution of First Rewards for the Winning Bidders in the KSM Slot Auction Project of Altair

Gate.io has distributed the first AIR rewards for the Winning Bidders in the KSM Slot Auction Project of Altair (AIR). Users who have successfully participated in t he KSM Slot: Lock-up KSM ＆ Earn AIR can check the reward distribution details at “My Wallets”– section “ My Billing Details”.


Gate.io Altair Rewards for Winning Bidders:
1. Reward currency: AIR
2. On-chain lock-up/(unlock) date: 2021-09-29 (+336 days)
3. Reward distribution: 1 KSM: 430 AIR
4. Reward releasing rules: 25% of all rewards (including specially-distributed rewards) will be released immediately, and the remaining 75% rewards will be unlocked spontaneously within 48 weeks as of the on-chain lock-up date. The interest will be distributed to users once every 14 days after the first sum of interest distribution. So far, 57.7% of the interest has been released to users.


The Altair (AIR) Startup is in progress, this Startup contribution is a free contribution, and will not deduct the users' participation funds at the end of the event.
Startup Link: https://www.gate.io/startup/462
Details: https://www.gate.io/article/25863



Gate.io reserves the right to the final interpretation of the activity. If you have any questions, please reach out to our online chat support.

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Gate.io Team
March 24